E-commerce phenom and D2C bright light Casper has filed to go public. The New York-based company that raised nearly $340 million while private, according to Crunchbase data, expects to trade on the New York Stock Exchange under the ticker symbol “CSPR.” Its S-1 filing includes a $100 million placeholder figure for its possible capital raise. The company will need the money, as it loses money and burns cash.
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Alex Wilhelm, TechCrunch
Fri, 01/10/2020 - 12:27pm
Topics: d2c the new york-based crunchbase new york stock exchange cspr its s-1 growth layoffs lime getaround ebitda investors ivp lerer hippeau target new enterprise associates series a lerer nea casper the ipo public lose money million company net year returns refunds raised discounts losses firm quarters slowing cash revenue gross operating loss aren spent figure funding profit gaap capital question tally line three-quarter period adjusted
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